02 May Take Advantage Of AGOA To Boost Exports, Minister Urges Nigerians
The Nigerian Minister of Industry, Trade and Investment (FMITI), Adeniyi Adebayo has urged Nigerians to take advantage of the African Growth Opportunity Act, (AGOA). Adebayo said this when he received the report of the Technical Committee on the utilization of AGOA in Abuja on Tuesday.
02 May How good governance can drive AfCFTA forward
International Trade is the bedrock of human progress, and a country cannot lead or stay with the tide of progress if it closes its doors to its neighbors. This unfortunately has been the case with countries within the African continent, which have traditionally imposed more restrictive trade measures on other African countries, preferring to trade with non-African countries.
01 May United States and Africa: increased engagement regarding trade creating opportunities in the African free trade area
There was more good news for the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement in December 2022, when a Memorandum of Understanding (MoU) was signed between the United States (US) Trade Representative and the AfCFTA Secretariat at the US-Africa Leaders’ Summit (Summit) in Washington DC. The MoU covers expanded engagement between the two regions and intends to “promote equitable, sustainable, and inclusive trade; boost competitiveness; and attract investment to the continent.”
29 Apr Using AfCFTA to boost food security in Morocco
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Any country that closes its doors to social, economic, and other forms of interaction with others thrives on self-deceit; its citizens and economy would be limited because no country can exist and excel in isolation.
18 Apr South Africa: Increased quota for United States frozen bone-in chicken
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index="" padding_top="100"][vc_column][vc_column_text]South Africa: Increased quota for United States frozen bone-in chicken
The annual quota for frozen bone-in cuts of the species Gallus Domesticus originating in, or imported from, the United States (US) has been increased from 71,290 tonnes to 71,632 tonnes, with retrospective effect from 1 April 2022.
14 Apr Burundi: ADB approves trade finance transaction guarantee facility to (Bancobu)
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PRESS RELEASE: The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu).
06 Apr WTO: a slowdown in world trade growth in 2023
Posted at 12:34h
in AfCFTA, ATP News, Latest AGOA News, South Africa Trade, U.S Africa Trade
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WTO: a slowdown in world trade growth in 2023
April 6, 2023World trade growth is expected to slow this year, dampened by the war in Ukraine, inflation, tighter monetary policies, and financial uncertainty, according to WTO projections released on Wednesday. The outlook for the global economy has improved slightly since the World Trade Organization's most recent trade forecast was released in October, but the pace of trade expansion in 2023 is expected to be "weak".
03 Apr Africa Travel Market optimistic over new growth prospects
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index="" padding_top="100"][vc_column][vc_column_text]Africa Travel Market optimistic over new growth prospects
April 3, 2023Africa’s travel market is open and booming. This is a sentiment expressed by an estimated 600 exhibitors at this year’s World Travel Market Africa in Cape Town, South Africa. This after the industry sustained serious damage due to Covid-19.
03 Apr U.S Vice President Kamala Harris unveils billions in investment on Africa tour
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index="" padding_top="100"][vc_column][vc_column_text]U.S Vice President Kamala Harris unveils billions in investment on Africa tour
April 3rd, 2023US Vice-President Kamala Harris heads to Africa to cement the Biden administration's strategy to strengthen the US-Africa relationship and expand private sector investment. But what is Washington's end-game on the continent? Kamala Harris started a weeklong trip to Africa on 26 March in a bid to ramp up US investment on the continent and counter the rising influence of Russia and China.